Posted on: May 13, 2022
musing about celebrity estate planning issues As an estate planning attorney in Austin, I can tell you, that summer starts early and suddenly. It is now summer. When I'm not helping clients achieve their life and legacy goals, I'll head over to The Hive. I'll order an iced coffee and perhaps muse about celebrity estate […]
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Posted on: May 10, 2022
For most families, the estate planning process is more involved than simply naming beneficiaries. While the primary goal of estate planning is transferring assets in an orderly and tax-efficient manner, it’s just as important to focus on preserving wealth across generations.
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Posted on: May 5, 2022
overlooked contributions that lead to big value (and are expensive to replace) Most Americans strive to earn a decent-sized paycheck to support themselves and their families when they work. Stay-at-home parents, however, work to provide valuable non-financial contributions to their families every day. A partner's domestic and emotional labor ensures that the home runs smoothly. […]
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Posted on: May 3, 2022
Silent Trusts: Could I Be the Beneficiary of a Trust and Not Know It? People who have accumulated a substantial amount of wealth are often reluctant to disclose the full extent of their wealth. They may hesitate to disclose their exact wealth even to their children. There may be several good reasons for individuals to […]
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Posted on: April 21, 2022
Untangling Tangled Titles: Homeownership, Property Deeds, and Estate Planning If you are currently living in a property that you inherited, but the deed has not been transferred into your name, you may be surprised to learn that, under the law, you are technically not the owner. This legal situation is known as "tangled title." A […]
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Posted on: April 19, 2022
Qualified Personal Residence Trust: What Is It and When Should You Consider One? Americans have enjoyed historically high estate tax exemption rates for most of the last twenty years. High exemption amounts have kept many of them from seeking out more advanced estate planning strategies. One strategy is the qualified personal residence trust (QPRT). As […]
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Posted on: April 14, 2022
Yours, mine, and ours: how including a pour-over trust can simplify your planning Some married couples think about their accounts and property as “yours, mine, and ours.” This dynamic arises when they decide what should happen to all of these accounts and property at death. This thinking is especially prevalent if either spouse has gotten […]
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Posted on: April 12, 2022
you need to incorporate your nfts into your estate plan A nonfungible token (NFT) is a unique digital code representing a digital item. Commonly, this could be art or music and a growing number of physical objects. The digital code runs on the blockchain (a secure, decentralized, and cryptography-backed online ledger). This record-keeping system provides […]
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Posted on: April 8, 2022
Estate Planning myths we tell ourselves Estate planning can be a challenging process. Deciding to move forward with an estate plan requires us to face that we will not live forever. This thought stops many people in their tracks. Others talk themselves out of seeing a qualified attorney to create an estate plan because of […]
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